193 Balmoral Avenue N, Hamilton, ON
Investors' delight! Step into a turn - key profit centre with massive upsidel! Located in the heart of hamiltons thriving textile district, this is a rare opportunity for the handy investor: take advantage of this legal 5 - plex designation by adding a fifth unit! This charming building includes a brand new 25 - year roof (2016), brand new windows in many of the rooms (2017), attic re - insulation (2016), 3 new furnaces, new hvac on second and third floors and two new bathrooms! Second and third - floor 3 - bedroom units each collect $1, 300 per month with remaining two 1 - bedrooms collecting $800 each. $50, 400 annually! Revenue extras: dry, clean basement used as storage space rental and driveway parking collect additional $350/month. Tenants in unit 2 and 3 pay gas and hydro and tenant in unit 1a pays hydro! Steps from ottawa street north featuring stylish coffee shops, boutique delis, and trendy restaurants a clear sign the area is on the upswing.
Listing Details
193 Balmoral Avenue N, Hamilton, Ontario, L8L7S1
Fourplex
Detached-3 Level, Multi-Unit
25 X 47
1
Forced Air (Natural Gas)
Unfinished/Full (Unfinished)
H4031108
Brick, Vinyl Siding
2
Municipal Water
Municipal Sewage System
No Garage
Paved Driveway
Fourplex for sale in Hamilton located in 193 Balmoral Avenue N , Ontario , L8L7S1 , Canada. This Fourplex have bedrooms and bathrooms. This property listing building style is Detached-3 Level, Multi-Unit . For all the rest of the information we have about this property in Hamilton , see above.